InvesableAI Exit Scams & Collapses, Withdrawals Disabled [Game Over]
InvesableAI decided to exit scam and collapse and truly go “Invincible” from their investors.
Like a typical ponzi scheme exit scamming or rug pulling, they sent out an email on September 17th and blamed “market volatility”.
Let’s just look at the market to see if this is true:
The market looks pretty good to me.
But here is the email by Invesable AI:
Ladies and gentlemen,
I hope this message finds you in good health despite the challenging times we find ourselves in.
We must have an open and honest conversation. In recent times, the cryptocurrency market has exhibited extreme volatility.
While our trading bot has performed remarkably well over the past three months, it’s vital to recognize that crypto trading inherently carries risks.
We embarked on this journey together, driven by the promise of substantial profits and bonuses.
We’re immensely grateful for the trust you’ve placed in us, especially during the prosperous times. However, we now find ourselves facing adversity, and we humbly call upon your continued support.
Here are the key announcements for today:
Firstly, to address the situation comprehensively, we are taking immediate measures.
We will temporarily halt all withdrawals, and investments, and pause all packages. Our immediate focus is resolving pending withdrawals.
We understand this may cause inconvenience, and we ask for your understanding and patience during this critical period.
We anticipate that this could take up to one week, but please know that our team is working diligently.
Secondly, we must candidly address the road ahead. We request your unwavering support during this challenging time.
While market conditions may be adverse, we firmly believe that together, we can navigate these stormy waters.
We urge you to consider the bigger picture. The allure of quick riches is tempting, but we must stand united even in the face of adversity. We ask you to give our team 40 days to recover the losses and restore stability.
To be honest, if they just told the truth the email would be so much shorter.
This is what they should have said:
Ladies and gentlemen,
I hope this message finds you in good health despite the challenge times we find ourselves in.
New recruitment has slowed down which means we can’t keep up with the ROI’s we were promising.
If you didn’t know this already, we were using new investments to pay off existing members.
But recently, less and less people are promoting our ponzi scheme, I mean “investment opportunity” so we have to regroup and stop withdrawals for 40 days to give it another push.
And if we can’t get more affiliates to push this, we have to shut this down and we are so sorry for your loss.
InvesableAI is also black mailing their investors to keep quit and shut up during this time;
Lastly, a word of caution. We’ve taken steps to ensure our project’s security and stability. Our legal team is prepared to defend our interests if necessary.
We share this not to threaten but to protect the project, its integrity, and your investments.
In closing, this is the update for today. We implore you to support us during this trying period as we work tirelessly to restore stability and profitability.
Basically what’s going to happen is over the next 40 days their exit scam will be compete and everything goes offline or they might try to reboot it with a fancy new name “InvesableAI for Real This Time” and get gullible investors to invest so they can just exit scam them a few weeks or months later.
InvesableAI launched on June 2023 which makes this thing only a few months old and claimed their AI Trading bot was producing these crazy returns.
Maybe the AI Trading bot become self aware and started to keep the money for itself?
The fearless scammers, I mean leaders of the company were CEO and CO Founders Lee Dalton and Richmond Ray.
And there was some random third dude…
At this time no financial regulators are investigating this ponzi so we don’t know how many people fell for this scam.
If I get any more updates, will keep you all up to speed.
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